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morning. hi, everybody, i'm jenna lee. jon: and i'm jon scott. dramatic new developments in that debt standoff in washington, and we are all over them. president obama speaking just moments ago urging republicans and democrats to reach some kind of compromise. he's warning the u.s. will lose its top credit rating if it falls into an unprecedented default. jenna: and it could lose that rating anyway. that's something we've been hearing a lot this week, that despite some of the decisions made in d.c., we could still see a downgrade. now, the political standoff as we know it is escalating this hour. a senior gop official, a house aide, i should say, telling fox news that house republicans will pass their debt plan today. we thought that yesterday. we'll see if it happens today. a bill that senate democrats say is dead on arrival, though, as they move ahead with their own debt limit bill setting up a showdown vote really for this weekend. ahead of that host of your world, neil cavuto, is live on capitol hill with his observations about what's happening down there in d.c., neil. first of a
and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. >> we'll talk to congress reed riddle of wisconsin. i know you guys are busiy appreciate your take. i want to ask you about the part of the bill. a lot of democrats supported this in the past and they have said it was a great idea and now a terrible idea. what changed in their point of view? why are they running for something they once supported? >> why are they running from something that the american people support. this has broad support across the nation. >> mike: congressman, it showed 75 percent of the american people support a balanced budget amendment. >> it is straightforward common sense . we theed to have government do it in washington. >> mike: there are people who point out the balanced budget amendment is different than the ones the democrats supported. maybe republicans have a modified version if you could get it passed through the senate among the democrats? >> i talked to a lot of my colleagues in
. that was delivered by arizona senator jon kyl this morning. >> president obama is simply too committed to the european style of big government, that his policies have set in motion. to democrats in washington, the answer isn't to cut spending, but to raise taxes and keep on spending. republicans believe we must solve our debt crisis. and we believe we can solve it if democrats will work with us. >> all right. we do have our correspondents up early this morning. athena jones at the white house for us this morning, also our joe johns, keeping an eye on capitol hill. joe, let me start with you, forget all the symbolic votes, the one we saw yesterday could see another one today this early afternoon. forget that stuff. what is a real possibility of happening right now? how are they going to get this done? >> okay. first, you got to say, this is a poisonous environment on capitol hill and in washington in general, but the way the democrats have been able to do this before is they've reached out to a group of potentially persuadable senators in the middle. these would be people who can sort o
before midnight. jon karl is watching it all from capitol hill. the speaker says he'll try again today. >> reporter: he will. but, george, this debt ceiling crisis has become a political crisis for republicans. boehner's going to convene all 240 house republicans this morning to make 1 final push for it. but the reason he pulled the bill last night is he just couldn't get enough republicans to pass his own bill. republican leaders worked late into the night, trying to get the votes to pass their own debt ceiling bill. reporters swarmed around utah republican jason chaffetz as he emerged from a tense meeting in speaker boehner's office. he told us he's still not sure. how much pressure is there on you to change your mind on this? >> i'm very plenty surprised that they are not twisting and ripping arms off. >> reporter: the speaker said he can't do his job if you guys aren't there to support him. >> i am fully supportive of the speaker. >> reporter: this is his most important vote yet as speaker. >> i just can't support his bill. but i do support the speaker. >> reporter: but for speaker
jon kyl about that. neil cavuto is here. the democratic congressman who says the president will have to push for a clean debt ceiling vote in the house if we see no deal. does that have a chance? martha: those are a few of the stories. we have a lot of angles on this story of we want to cover for you in america's newsroom. but there are many stories we are covering outside of this. there are other things we want you to know about. where is presiden -- where is pt obama on this issue? a huge story from peggy noonan we'll get to. juan williams will weigh in on how he thinks the president is handling this. bill: are you a hobbit or a troll? republicans caught up in a nasty name-calling game 15-minute with john mccain has that has tea partyers like sharron angle all fired up. martha: it's also shark week. we'll take to you a hot spot for great white sharks, folks. >> i have done this before. [ mom ] one of the challenges for kayla being gluten-free is actually finding choices the whole family will love. five flavors of chex are gluten-free, including the honey nut flavor. and it's nice f
. the power to solve this is in our hands. >> arthel: meanwhile, arizona senator jon kyl delivering the republican address. he is accusing democrats of using the debt crisis to raise taxes instead of viewing it as an opportunity to rein in spending. >> unfortunately, after weeks of negotiations, it became clear that democrats in washington did not view this crisis as an opportunity to rein in spending. instead, they saw it as an opportunity to impose huge tax increases on american families and small businesses. president obama is simply too committed to the european style of big government, that his policies have set in motion. to democrats in washington, the isn't to cut spending, but to raise taxes and keep on spending. democrats claim they would only target the privileged few, but behind the scenes, they argue for much broader tax increases. >> arthel: it looks like we may be hearing from senator reid very soon. in the meantime, the senate is expected to vote early sunday morning to cut off debate on its own debt ceiling plan. rick? >> rick: just as advertised, senator harry reid
two key senators. republican jon kyl and democrat dick durbin. we'll hear from the house majority whip, republican kevin mccarthy. also, the recovering economy takes another hit. we'll ask our sunday panel if the debt ceiling standoff has made things worse or if a deal might ease the economic pain. we look back to what a roller coaster of a week it was in washington. all right now on "fox news sunday." hello again from fox news in washington. after a tension-packed day on capitol hill, filled with bitter partisan sniping, both republicans and democrats are now saying significant progress has been made toward a deal that would avert a government default. we'll take a look at the framework of the compromise with two senate leaders and a top house g.o.p. official. but first we begin with the white house view. and gene sperling, the director of the national economic council. director sperling, welcome back to "fox news sunday." >> thank you, bret. >> bret: saturday, the debt ceiling negotiation shifted back to the white house. here is what we are hearing, reporting about a potential deal.
are really embracing it as a way to draw others out. for instance, jon huntsman who is struggling in the polls now is really trying to use this as a referendum on mitt romney's leadership. not necessarily coming out saying he backed boehner's planning saying it's in the right direction, that he agrees that there should be no tax revenue and no tax hikes. so he's really trying to land some hits on romney in this instance. and, of course, all of them are using this to really make this argument that barack obama hasn't led, that he has no plan of his own, and that he is really a big spending liberal who has really presided over this massive increase in spending and deficit spending. >> right. so with the president's overall approval rating hitting a new low, it's now just 40%, do you think this debate helps or hurts the president in 2012? if everything gets done and over with here and we have an end of the summer sort of the heat and rhetoric all calms down, will this be a factor this time next year? >> i think it will definitely come up again. on the one hand, you're going to have r
our hearty crab and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. >> sean: this is a fox news alert. senate majority leader harry reid and democratic leaders held a press conference after the senate tabled house speaker john boehner's debt bill. senator reid called on republicans to act like adults and demonstrate a spirit of bipartisanship and negotiate with the democrats. talk about audacity. joining us now out of washington, fox news contributor, the architect karl rove. this is moments after it they just tabled the boehner bill without a vote. they said we should be allowed an up and down vote. i just heard harry reid say that republicans are blocking the ability to compromise. all they do is talk. it is time for them to step forward. they just passed two bills. they are worried about a -- 800 days they haven't passed a bill in the senate and the president has never laid his cards on the table. >> think about this they could have avoided all of thi
hearty crab and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. ♪ i like your messy hair ♪ i like the clothes you wear ♪ i like the way you sing ♪ and when you dance with me ♪ you always make me smile [ male announcer ] we believe you're at your best when you can relax and be yourself. and at thousands of newly refreshed holiday inn express hotels, you always can. holiday inn express. stay you. and now stay rewarded with vacation pay. stay two weekend nights and get a $75 prepaid card. >> sean: this is a fox news alert. senate majority leader harry reid and democratic leaders held a press conference after the senate tabled house speaker john boehner's debt bill. senator reid called on republicans to act like adults and demonstrate a spirit of bipartisanship and negotiate with the democrats. talk about audacity. joining us now out of washington, fox news contributor, the architect karl rove. this is moments after it they just tabled the boehner bill w
. this is my band from the 80's, looker. hair and mascara, a lethal combo. i'm jon haber of alto music. i've been around music my entire life. this is the first alto music i opened when i was 24. my business is all about getting music into people's hands. letting someone discover how great music is, is just an awesome thing. and the plum card from american express open helps me do that. i use it for as much inventory as i possibly can. from picks...to maracas... to drums... to dj equipment... you name it, i can buy it. and the savings that we get from the early pay discount on those purchases has given us money to reinvest back into our business and help quadruple the size of our floor space. and the more we expand, the more space we have for instruments and musicians to come play them. rock n roll will never die. how can the plum card's trade terms get your business booming? booming is putting more music in more people's hands. >>> next month yoi yooi's straw poll could be make or break for some republican hopefuls. notably tim pawlenty. he is pouring everything into the hawkeye state pl
the business savvy and know-how to right the country's economy, and put hi its fiscal budget in order. only jon huntsman has come out and said there needs to be a deal, embracing things that haven't been embraced by conservative republicans. they're all reluctant to take leadership and advocacy on this, with the compensation of bachmann. the speaker has had close calls putting the votes together, and presidential candidates don't want to be held responsible for that. >> bret: in fact, some of them have stayed away from the whole issue. mitt romney hasn't weighed n has he? >> he says he supports what boehner is doing, but refuses to take a position on the latest boehner compromise. romney, the rest of the field, really did sort of support the original cut, cap and balance proposal, but it's since been modified so many times over that it's almost as though they're punting on the attempts to keep up with the various different -- variations coming out. for romney particularly, he's been absent, and criticized for not taking a position as loud as he might. >> bret: okay, carl, thank you. just a few
. the only presidential truly supportive of it is jon huntsman, there are three that are opposed, michele bachmann, tim pawlenty, ron paul, and mitt romney and herman cain, would could argue the unclear it's the two businessmen, matea, and maybe they don't take a stand until the very last minute. >> they are not jumping into the debate. romney in particularly is trying to avoid engaging and that's his strategy in this campaign, he's trying to run a rose garden campaign. the other candidates are illuminating about their strategies, michele bachmann, cut, cap and balance, he's the tea party. and huntsman is trying to go the statesmanlike group. >> pawlenty six months ago wouldn't have been opposed right away. >> he wouldn't have been. i was fascinated by what mitt romney said, it sounded so much like when he came out with his defense of his own massachusetts health care bill, you can read anything into that statement just now. >> anything you want. >> yeah, i'm opposed to obama health care, but i'm in favor of romney health care, so it's sort of very similar. after this, when this is all sa
the speeches from this weekend, the speech speeches from- president obama and senator jon kyl of arizona. >> the plan would force us to relive this crisis in a few short months. it would hold washington captain to politics once again. that is not acceptable. any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. not just one faction of one party. there are multiple ways to resolve this problem. congress must find common ground on a plan that can get support from both parties in the house and the senate. it has got to be a plan i can sign by tuesday. the parties are not that far apart. we have agreement on how much needs to be cut to reduce our deficit. we have agreed on how to tackle entitlement reform. there are plenty of ways out of this mess. there is little time. we need to reach a compromise by tuesday so that our country will have the ability to pay its bills on time. bills like contract we have signed with thousands of american businesses. if we don't, we could use our -- lose our country's a
, are you going to get a deal? what is going to happen? we'll see, jon scott is waiting now, "happening now" rolls your way in 10 minutes. >> good morning, bill. there is no deal at least not yet. as the deadline quickly approaches to raise the debt ceiling or default. the congress seems locked in bipartisan gridlock and we'll talk with several prominent house members from both sides of the aisle where we stand and what happens fit doesn't get done and the discovery from the far side of the moon that has people talking. a recommendation to set aside half an hour a day, not for exercise or meditation or prayer, but for worrying. what is that all about? we'll explain. always go to foxnews.com/happeningnow and weigh in on the day's news and we'll see you in a few minutes. >> i'm stressed out already about the worrying. >> we're all worried about the debt ceiling thing. bill: it has been a big secrete in the casey anthony case and the judge made a decision about the juror that has many people shaking their heads. ♪ we believe doing the right thing never goes unnoticed. liberty mutual insuranc
potential spending cuts, potentially tax changes, as well. when you have republican leaders like jon kyl the arizona senator on fox news sunday, look, this is not going to end up with any major tax changes, tax rates are not going up, saying that. it's making people on the left feel like this is pre-cooked and it's going to be a lot of spending cuts and no real tax changes. as you know, the beginning of this week, we started last monday, president obama's whole message this was going to be a balanced approach, taxes as well as spending cuts. >> neil: i do know this, since you arrived at fox, we have a constitutional crisis, financial crisis but thank you very much. [ laughter ] >> neil: great reporting throughout. ed henry. >> we've been takes about election among progressive caucus members. they are pretty much against the deal right now. we don't know the deal as it stands right now but there is some factions on the right, some tea party members also having concerns about a compromise they could be maybe overcompromise. we start with congresswoman republican from the state of washingto
. and then tonight at 7:00, jon huntsman slated to address college republicans at their convention in washington, d.c. and consumers sounding off on the nation's debt crisis, we'll hear from them next. my doctor told me calcium is best absorbed in small continuous amounts. only one calcium supplement does that in one daily dose. new citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal. >>> checking of courses cross-country. jetblue rolling out new all you can fly travel packages. the blue passes are tailored to business people flying out of boston an long beach. cheapest costs about 1300 bucks. >>> in new york, police say a man dressed as an armored truck driver robbed a check cashing store of almost $15,000 without a rousing suspicion. until hours later when the real armored truck officer arrived for the scheduled pickup. >>> and north of the border, new dad david webber won't forget the day his caught was born. he drove more than 100 miles an hour just so his wife could get an emergency c-section. and guess what? he got a pretty hefty
-reduction legislation today. let's hear from milton, florida, waiting for president obama. this is jon on our independents line. caller: hello. i am disabled, and i am in a drug program. people are peeing dirty in the program and tax payers are paying for this. but ok, it is not fair to the ones that are trying. they're clean and in doing right. another thing is ssi. people do not pay into ssi. they never work. and they never paid into it. nine times out of tin, there drug users. they use their money for drugs. host: all right. we will let you go there. kentucky, james. what is the name of your city? caller: i live in hillview, a suburb of louisville, ky. host: all right, what is the way forward here? the house has stalled and the senate this waiting. caller: it is simple. if we had a president like truman or like clinton, he would not hesitate in an emergency like this to use the 14th amendment. that is what if it is therefore, for emergencies. this country is in an emergency now. if we default, it'll be the president's fault for not having the guts to use the 14th amendment to solve this pr
'm the senate republican whip jon kyl of arizona. by now, but americans the lawmakers are engaged in a difficult debate about the debt ceiling, the legal limit to the amount of money the federal government can borrow. the debt ceiling is currently set at a little more than $14 trillion and if the congress and the president don't reach an agreement to raise it by tuesday, the treasury secretary tells us america will no longer be able to pay its bills. the consequences of missing this deadline could be severe. it is precisely because of washington barrault's so much money, more than 40 cents out of every dollar spent. spending would have to shrink by 40% quickly. what is more, markets would likely respond, dropping in value and hurting their retirement savings of millions of americans. republicans have tried to work with democrats to avoid this result and put our country on a better path, but we need them to work with us. we start from the understanding that the reason the debt ceiling is a problem is because of runaway washington spending. republicans have been united in the belief that raising t
'm jon haber of alto music. my business is all about getting music into people's hands. and the plum card from american express open helps me do that. you name it, i can buy it. and the savings that we get from the early pay discount has given us money to reinvest back into our business and help quadruple our floor space. how can the plum card's trade terms get your business booming? booming is putting more music in more people's hands. ♪ >> it's 46 past the hour. i have a lot of good ones, so be quiet. the first one, i found on saturday and i love it. he points out the hypocrisy beyond bough leaf of not having elizabeth warren head up the bureau. this coming week will be elizabeth warren's last at the bureau. now they have another person who is being nominated and headed up and the republicans are making hey over that and will try to block as well, and they do not want the bureau to function. does anybody disagree? no. >> i don't think wall street wants it to function. i don't think business interests wants it to function. >> seriously. >> but i believe that this bureau is now part of
on a diet. i'm going to add calories to my excluded food intake." unquote. that was jon stewart. he hit the nail on the head. for sure it's easy to make fun but what the president is trying to do with tax expenditures is no laughing matter. liberals talk about tax expenditures as though they were just getting rid of wasteful spending. first, as a legal matter, tax expenditures are not spending. outlays are checks cut from the treasury department are defined as spending under the congressional budget act. that's what spending is. yet, most tax expenditures only lose revenue and do not include an outlay portion. tax expenditures that only lose revenue contain no spending as defined by the congressional budget act and is scored by the official scorekeepers for congress. the joint committee on taxation and the congressional budget office. and second, as a policy matter twhe comes to tax -- when it comes to tax expenditures, one person's loophole is another person's opportunity to save for college and retirement, finance a home and ties to your -- taoeugts -- tithes to your church. reducing
to my excluded food intake." unquote. that was jon stewart. he hit the nail on the head. for sure it's easy to make fun but what the president is trying to do with tax expenditures is no laughing matter. liberals talk about tax expenditures as though they were just getting rid of wasteful spending. first, as a legal matter, tax expenditures are not spending. outlays are checks cut from the treasury department are defined as spending under the congressional budget act. that's what spending is. yet, most tax expenditures only lose revenue and do not include an outlay portion. tax expenditures that only lose revenue contain no spending as defined by the congressional budget act and is scored by the official scorekeepers for congress. the joint committee on taxation and the congressional budget office. and second, as a policy matter twhe comes to tax -- when it comes to tax expenditures, one person's loophole is another person's opportunity to save for college and retirement, finance a home and ties to your -- taoeugts -- tithes to your church. reducing tax expenditures is a tax increase
Search Results 0 to 40 of about 41 (some duplicates have been removed)

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